Listing Number: 86715-438304
Description
******************Price Reduction**********************
Sales Price Does Not Include Inventory. Inventory pricing to be determined and reviewed by buyer.
The Company for sale is a family owned well-established and profitable repair and auto parts store. The company’s building and location has great visibility with accessible interstate access while providing the potential buyer ample capacity for workspace for up to 18 autos and trucks.
Revenues and profitability are consistent and continue to trend higher each year coupled with a skilled ready-made staff to support work orders.
Pricing includes the combined operating fixed assets along with accounts receivable. The seller would prefer a buyer with parts and auto repair industry experience or a similar skill set. However, that is not a prerequisite. All potential buyers will be required to provide some form of proof of funds and or background review. The real estate is not included in the price of the sale of the business.
Listing Details
- Price: $ 1,650,000
- Down Payment: $1,400,000
- Sellers Discretionary Earnings: $ 430,405
- Total Sales: $ 2,029,300
- Location: Alabama
- Inventory: $ 1,100,000
- FF&E: $ 297,871
- Employees: 11
- Year Established: 1953
- Reason for Selling: Retirement
- Category: Automotive
